
Michael Burry, the legendary investor best known for his bet against mortgage bonds ahead of the 2008 financial crisis, disclosed that he entered a new position in Microsoft (MSFT) stock even as the software giant trades roughly 25% below its 52-week high.
This decision is particularly striking given Burry’s well-documented skepticism toward hyperscaler spending and his persistent warnings about overvalued technology companies. Microsoft closed recently around $416, well off its peak near $555.